GoKawiil
Tech News
A major legislative priority backed by the cryptocurrency industry failed to secure the 60 votes needed to advance to a full Senate floor debate. The setback comes despite heavy lobbying and campaign spending by crypto interests aimed at shaping favorable regulation in Congress.
The Senate is preparing to vote on the Clarity Act, a major cryptocurrency market bill, after President Trump agreed to ethics restrictions covering himself, including a ban on issuing meme coins like those he and his wife launched before his return to office. Republicans say Trump also accepted a tougher ethics proposal demanded by key senators over the weekend, a concession seen as necessary to secure enough votes for passage.